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important information when buying a new home!

By
Real Estate Agent with Hot Properties

I was just involved in a new home purchase that tried to go bad! Here is how we saved out client from going through a bad experience.

 

We were given a closing date for the end of last month. I had dealt with the builder before and knew they were good, but always tried to close ASAP (like any builder). So we informed our client up front that we were probably not going to be able to close until a few weeks into the month, regardless of what the contract said. Sure enough when it came time for walks they were cutting it close and I advised the builder that we would not move in until EVERYTHING WAS DONE TO SATISFACTION! Our final walk through on the projected closing day came around and sure enough a few little things came up and I immediately told them we would not close until everything was completed. While most other neighbors moved in and agreed to have some minor details worked out after they had closed we refused. Now a week later the house is completed to satisfaction. The builder paid for a final inspection because I told them we would not move in until we got an inspection that showed everything was completed correctly. So they went out and got an inspection for us to show us how serious they were about getting us in sooner, than later. Today when I showed up to welcome my clients I met the neighbors and their home is still missing the "few minor details" that the builder was supposed to come back and fix. 

 

A quick reminder to say, DO NOT CLOSE UNTIL EVERYTHING IS DONE TO SATISFACTION. It will save you tons of headache and time!

 

 

 

For more tips on buying and selling your home please visit our website at www.smartselllisting.com 

We have free books that give you tips on selling your home and we will pay for you to join the "My home management club" a publication that gives you tips and statistics on buying and selling your home.

 

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Rate A Home - Saugatuck, MI
Good protection for your buyers! I'm sure they were thankful.
Dec 08, 2007 02:57 AM
D B
Quakertown, PA
e-PRO, Realtor - Bucks County PA - 610-952-3578
This is great advice Michael.  I am glad to see it all worked out for you!
Dec 08, 2007 10:40 PM
J Perrin Cornell
Coldwell Banker Cascade Real Estate - Wenatchee, WA
Broker, ABR, VAMRES
Really this business is easy if we dot the i's and cross the t's! Or at least easier... if people kn ow what to expect the problems are diminished... good job and good advice!
Dec 09, 2007 02:47 AM
Barbara S. Duncan
RE/MAX Advantage - Searcy, AR
GRI, e-PRO, Executive Broker, Searcy AR
In our market some builders can be expected to make repairs after the sale and some can be expected to dodge the repairs.  Mostly we know which is which and like to sell for the ones who do the repairs.
Dec 09, 2007 01:50 PM